IvePhones and IveMacs No More 💻

Table of Contents

IvePhones and IveMacs No More

Steve Jobs. Bill Gates. Sergey Brin. Jony Ive? Never the lead act at Apple, the tech giant’s background orchestrator is behind some of the company’s biggest hits. In a shock to investors, he’s decided to bow out. What will Apple do without him?

Sir Jony has been Chief Design Officer for 20 years, racking up twice as many patents as Thomas Edison. Apple investors have him to thank for much of the brand’s dominance today, with his  Steve Jobs alliance spawning multiple billionaire dollar inventions. Namely, the iPhone, iPod, iMac, and iPad. He even invented the wooden tables in Apple stores!

The man has been heralded as a “singular figure in the design world” by CEO Steve Cook. When the Brit joined Apple in 1990, Apple’s stock price was so low that in comparison with today’s, it’s barely visible to the naked eye.

Sure, the creative hole left behind by Ive won’t be patched up overnight. But think Apple hadn’t prepared? Think again. Neither side is ready to say goodbye, and a handshake between both parties assures they will continue working together in the future. That may have just saved Apple’s stock, as investors now look forward to reaping the benefits of the Ive age a little longer. He’ll partner up with Apple from his own new design firm, LoveFrom. Who knows? Maybe we’ll be telling you all about its stock market debut someday. 

As for Apple, the first company to be valued at $1,000,000,000,000… the future is laden with questions. It’s been a while since the consumer products giant set the world on fire with a new design, and many investors expect more than merely financial security. News, games, accessories, autonomous vehicles, health-related tech, and even artificial intelligence are all areas that Apple is surveying for that extra something. Minus Sir Jony, that will be an alien era…

Share:
More Posts
Market Recap – September 28th 💰
29 September, 2023

After the 10-year Treasury yield bond fell off from its 15-year high, investors added some value back into the market, focusing all short-term attention on Friday’s PCE price index reading.
The Crude Oil Bust 🛢
28 September, 2023

Surging global crude oil prices, driven by factors like OPEC+ production cuts have pushed U.S. West Texas Intermediate futures to over $95 per barrel.

Load More
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Facebook Twitter Youtube Instagram Snapchat Tiktok
learn
products
plan
Who we are
blog

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.